Report: Wisconsin’s Finances in Best Shape in Decades

A new report says Wisconsin is in its best fiscal position in decades. The Wisconsin Policy Forum released its latest report this week. It looks at the state’s debt, budget health, general fund reserves and what the future may hold for the state. “Overall, the state’s finances ended 2023 in outstanding fashion. Wisconsin has improved its fiscal condition substantially since the Great Recession years, a period marked by severe budget challenges in which the state raised taxes, cut aid to schools and local governments, delayed debt payments, and decreased benefits and take-home pay for state and local workers,” the report noted. The Policy Forum’s report makes a special note that Wisconsin’s long-term debt, or pension debt, has fallen dramatically since the Republican reforms of 2011. Full story: https://www.thecentersquare.com/wisconsin/article_93e8fe30-fcee-11ee-83fa-8770e1d07f1a.html Support this podcast: https://podcasters.spotify.com/pod/show/wisconsininfocus/support Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.